All 3 Uses of
capitalism
in
Main Street, by Sinclair Lewis
- But Cy was a capitalist in charivaris.†
Chpt 9 *capitalist = one who believes in an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
- that the capitalistic system of distribution and the Baptist wedding-ceremony were not known in the Garden of Eden;†
Chpt 20capitalistic = related to an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
- The churches have always done it, and the political orators—and I suppose I do it when I call Mrs. Bogart a 'Puritan' and Mr. Stowbody a 'capitalist.'†
Chpt 36capitalist = one who believes in an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
Definition:
an economic system based on voluntary exchange in a competitive environment with private ownership of property and businesses
(with the belief that voluntary exchanges harness inborn self-interest in millions of decisions that benefit society)
(with the belief that voluntary exchanges harness inborn self-interest in millions of decisions that benefit society)
Most proponents of capitalism advocate that government intervene to handle problems "pure" capitalism does not handle well such as monopoly, shared costs and benefits (such as pollution or national defense), provision of a safety-net for those who are unlucky, ...